指南针：董事长顿衡因个人原因辞职 智通财经5月27日电，指南针(300803.SZ)公告称，公司董事长顿衡因个人原因辞去公司董事长、董事、 董事会战略与ESG委员会主任及委员、董事会提名与薪酬委员会委员职务。顿衡辞去上述职务后，将不 再担任公司任何职务。在新任董事长、董事会战略与ESG委员会主任选举产生之前，将由公司副董事长 冷晓翔代为履行公司董事长及董事会战略与ESG委员会主任职责。 ...

北京指南针科技发展股份有限公司（以下简称"公司"）董事会于近日收到 公司董事长顿衡先生的书面辞职报告，顿衡先生因个人原因辞去公司董事长、董 事、董事会战略与 ESG 委员会主任及委员、董事会提名与薪酬委员会委员职务。 顿衡先生辞去上述职务后，将不再担任公司任何职务。顿衡先生的辞任未导致公 司董事会成员人数低于法定最低人数，不会影响公司董事会正常运作。根据《中 华人民共和国公司法》《公司章程》等相关规定，顿衡先生的辞职报告自送达公 司董事会之日起生效。顿衡先生原定任期至 2028 年 4 月 24 日。截至本公告披露 日，顿衡先生未持有公司股份。 鉴于新任董事长、董事会战略与 ESG 委员会主任的选举尚需经过相应的法 定程序，为保证公司董事会良好运作及经营决策顺利开展，根据《公司章程》的 相关规定，在新任董事长、董事会战略与 ESG 委员会主任选举产生之前，将由 公司副董事长冷晓翔先生代为履行公司董事长及董事会战略与 ESG 委员会主任 职责，代行职责的期限自顿衡先生辞职之日起至董事会选举产生新任董事长、新 任董事会战略与 ESG 委员会主任之日止。公司将根据相关规定，尽快完成公司 董事长、董事、董事会战略与 ...

Group 1 - The core viewpoint of the articles emphasizes the importance of reducing formalism to enhance the efficiency of grassroots operations in Nantong Rural Commercial Bank, recognizing that grassroots are the foundation of banking business development [1] - The bank has issued a notification outlining 19 specific work requirements across five areas to provide a clear roadmap for reducing formalism, ensuring a solid institutional foundation for this initiative [2] - The bank has implemented measures to streamline meetings and documents, resulting in a 26% decrease in the number of meetings and a 15% reduction in document issuance in 2024, allowing employees to focus more on actual work [3] Group 2 - The bank has established a "Wednesday Visit Day" to facilitate direct communication between middle management and grassroots employees, ensuring that feedback is collected and measures are adjusted accordingly to maintain the effectiveness of the reduction efforts [4] - The initiative has led to a noticeable improvement in work style and a significant enhancement of the practical spirit among employees, allowing them to fully engage in business operations and contributing to the bank's high-quality development [4] - The bank plans to continue deepening the reduction of formalism and exploring new measures to lighten the burden on grassroots employees, thereby enhancing their ability to contribute to financial services for the real economy [4]

Investment Rating - The industry investment rating is "Overweight" (maintained) [1] Core Viewpoints - The non-bank financial sector is expected to benefit from the expansion of the Hong Kong stock market and the introduction of floating management fee products, which will enhance trading activity [3][4] - The recent decline in LPR and deposit rates is anticipated to lower the cost of liabilities for the insurance sector, potentially leading to a decrease in the preset interest rates for insurance products [5] Summary by Sections Industry Trends - The non-bank financial sector is projected to outperform the overall market, with a focus on the positive impact of the Hong Kong stock market's asset expansion and the introduction of new fund products [3][4] Market Activity - The average daily trading volume for stock funds decreased by 8% week-on-week, while the newly established stock and mixed funds saw a 100% increase in scale [4] Regulatory Environment - The China Securities Regulatory Commission (CSRC) is committed to optimizing the listing environment for technology companies, which is expected to support the return of quality red-chip technology firms to the domestic market [3] Recommended and Beneficiary Stocks - Recommended stocks include Jiangsu Jinzhong, Hong Kong Exchanges and Clearing, and China Pacific Insurance [6] - Beneficiary stocks include Guosen Securities, Jiufang Zhitu Holdings, and China Galaxy Securities [6]

北京指南针科技发展股份有限公司（以下简称"公司"）于 2025 年 4 月 9 日召开的第十三届董事会第四十一次会议、2025 年 4 月 25 日召开的 2025 年第 二次临时股东大会，审议通过了《关于修订〈公司章程〉及相关议事规则的议案》， 具体内容详见公司在巨潮资讯网（http://www.cninfo.com.cn）披露的相关公告。 近日，公司已完成工商变更登记手续及《公司章程》备案手续，取得北京市 昌平区市场监督管理局核发的《营业执照》。 二、其他事项说明 证券代码：300803 证券简称：指南针 公告编号：2025-064 北京指南针科技发展股份有限公司 关于完成工商变更登记的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 一、情况概述 2025 年 5 月 21 日 根据北京市市场监督管理局要求，存量企业申请经营范围变更登记的，应当 对已登记的经营范围按照国家市场监督管理总局经营范围规范化目录所列的经 营范围表述条目进行调整。公司已按照上述要求对原披露的经营范围进行了规范 化调整，调整后的《公司章程》已在工商变更时完成备案登记，具体内容详 ...

1 北京指南针科技发展 股份有限公司 章 程 二〇二五年五月 | 第一章 | 总则 3 | | --- | --- | | 第二章 | 经营宗旨和经营范围 4 | | 第三章 | 股份 4 | | 第一节 | 股份的发行 4 | | 第二节 | 股份增减和回购 5 | | 第三节 | 股份转让 6 | | 第四章 | 股东和股东会 7 | | 第一节 | 股东 7 | | 第二节 | 股东会的一般规定 9 | | 第三节 | 股东会的召集 11 | | 第四节 | 股东会的提案与通知 12 | | 第五节 | 股东会的召开 13 | | 第六节 | 股东会的表决和决议 15 | | 第五章 | 董事会 18 | | 第一节 | 董事 18 | | 第二节 | 独立董事 22 | | 第三节 | 董事会 25 | | 第六章 | 党的组织 29 | | 第七章 | 总经理及其他高级管理人员 29 | | 第八章 | 财务会计制度、利润分配和审计 31 | | 第一节 | 财务会计制度 31 | | 第二节 | 内部审计 34 | | 第三节 | 会计师事务所的聘任 34 | | 第九章 | 通知和公告 35 | ...

Group 1 - The China Securities Financial Technology Theme Index (930986) experienced a decline of 0.28% as of May 21, 2025, with mixed performance among constituent stocks [3] - Zhaori Technology (300333) led the gains with an increase of 6.92%, while Lakala (300773) saw the largest decline at 5.71% [3] - The Financial Technology ETF (516860) also fell by 0.33%, with a latest price of 1.19 yuan and a turnover rate of 3.32% [3] Group 2 - Dongxing Securities highlighted strong policy support and emerging demand in new sectors, contributing to the recovery of industry growth [4] - The financial technology sector is expected to benefit from increased IT investments by banks, insurance, and securities firms, driven by the transition to new systems and digital platforms [4] - Cloud technology remains a core investment area for financial institutions, with AI and data utilization expected to enhance operational efficiency [4] Group 3 - The Financial Technology ETF reached a new high of 929 million yuan in size and 778 million shares in circulation [5] - The ETF has seen continuous net inflows over the past four days, totaling 51.75 million yuan, with an average daily net inflow of 12.94 million yuan [5] - The ETF's one-year net value increased by 57.87%, ranking first among comparable funds [5] Group 4 - The Financial Technology ETF has a management fee of 0.50% and a custody fee of 0.10%, which are among the lowest in comparable funds [6] - The ETF's tracking error over the past two years is 0.046%, indicating the highest tracking precision among similar funds [6] - The top ten weighted stocks in the index account for 53.28% of the total, with Tonghuashun (300033) and Dongfang Caifu (300059) being the largest contributors [6][8]

Investment Rating - The report maintains a "Recommendation" rating for the company, indicating an expectation to outperform the benchmark index by 10%-20% over the next six months [2][16]. Core Views - The company demonstrated robust performance with a revenue of 1.529 billion yuan in 2024, reflecting a year-on-year growth of 37.37%, and a net profit of 104 million yuan, up 43.50% year-on-year. The fourth quarter alone contributed 752 million yuan in revenue, a 75.18% increase year-on-year, and a net profit of 214 million yuan, up 89.25% year-on-year. For Q1 2025, revenue reached 542 million yuan, a staggering 84.68% increase year-on-year, with a net profit of 139 million yuan, soaring 725.93% year-on-year [2][6]. Financial Performance Summary - **2024 Financials**: - Revenue: 1,529 million yuan - Year-on-year growth: 37.4% - Net profit: 104 million yuan - Year-on-year growth: 43.5% - Earnings per share: 0.17 yuan - Price-to-earnings ratio: 344 times - Price-to-book ratio: 16.0 times [2][7] - **2025 Projections**: - Revenue: 1,961 million yuan (28.3% growth) - Net profit: 294 million yuan (182.1% growth) - Earnings per share: 0.49 yuan - Price-to-earnings ratio: 122 times - Price-to-book ratio: 13.1 times [2][7] - **2026 and 2027 Projections**: - 2026 Revenue: 2,376 million yuan (21.2% growth) - 2026 Net profit: 372 million yuan (26.4% growth) - 2027 Revenue: 2,796 million yuan (17.7% growth) - 2027 Net profit: 479 million yuan (28.9% growth) [2][7] Business Segments Overview - **Financial Information Services**: - Revenue for 2024 was 1.211 billion yuan, a 22.75% increase, accounting for 79.22% of total revenue. The fourth quarter saw a significant recovery due to increased market activity, with new product launches enhancing user engagement [6]. - **Securities Business**: - The securities segment, primarily through the subsidiary Maigao Securities, reported a net income from fees and commissions of 241 million yuan in 2024, up 162.83%. The first quarter of 2025 continued this growth trend, with net income from fees and commissions reaching 97.28 million yuan, a 143.26% increase [6]. Market Position and Future Outlook - The company is positioned to benefit from the synergy of its full-license operations, with expectations of continued growth in both its financial information services and securities business. The report anticipates revenue growth of 28.3% in 2025, followed by 21.2% in 2026 and 17.7% in 2027, alongside significant increases in net profit [6][2].

Investment Rating - The report maintains a "Recommendation" rating for the company, indicating an expectation to outperform the benchmark index by 10%-20% over the next six months [2][16]. Core Views - The company demonstrated robust performance with a revenue of 1.529 billion yuan in 2024, reflecting a year-on-year increase of 37.37%, and a net profit of 104 million yuan, up 43.50% year-on-year. The fourth quarter alone contributed 752 million yuan in revenue, marking a 75.18% increase year-on-year, and a net profit of 214 million yuan, up 89.25% year-on-year. For Q1 2025, revenue reached 542 million yuan, a staggering 84.68% increase year-on-year, with net profit soaring to 139 million yuan, a 725.93% increase year-on-year [2][6]. Financial Performance Summary - **2024 Financial Metrics**: - Revenue: 1,529 million yuan - Year-on-Year Growth: 37.4% - Net Profit: 104 million yuan - Year-on-Year Growth: 43.5% - Earnings Per Share: 0.17 yuan - Price-to-Earnings Ratio: 344 times - Price-to-Book Ratio: 16.0 times [2][7]. - **2025 Financial Projections**: - Revenue: 1,961 million yuan - Year-on-Year Growth: 28.3% - Net Profit: 294 million yuan - Year-on-Year Growth: 182.1% - Earnings Per Share: 0.49 yuan - Price-to-Earnings Ratio: 122 times - Price-to-Book Ratio: 13.1 times [2][7]. - **2026 and 2027 Projections**: - 2026 Revenue: 2,376 million yuan (21.2% growth) - 2026 Net Profit: 372 million yuan (26.4% growth) - 2027 Revenue: 2,796 million yuan (17.7% growth) - 2027 Net Profit: 479 million yuan (28.9% growth) [2][7]. Business Segment Insights - **Financial Information Services**: - In 2024, the internet financial services segment generated 1.211 billion yuan, accounting for 79.22% of total revenue, with a year-on-year growth of 22.75%. The fourth quarter saw a significant recovery due to increased market activity, and new product launches are expected to enhance user engagement [6][2]. - **Securities Business**: - The securities segment, primarily through the subsidiary Maigao Securities, reported a net income from fees and commissions of 241 million yuan in 2024, a 162.83% increase year-on-year. The first quarter of 2025 continued this growth trend, with net income from fees and commissions reaching 97.28 million yuan, up 143.26% year-on-year [6][2]. Market Position and Future Outlook - The company is positioned to benefit from the synergy of its full-license operations, with expectations of continued growth in both its financial information services and securities business. The report anticipates revenue growth of 28.3%, 21.2%, and 17.7% for 2025, 2026, and 2027 respectively, alongside significant increases in net profit [6][2].

证券代码：300803 证券简称：指南针 公告编号：2025-063 北京指南针科技发展股份有限公司 关于公司向银行申请综合授信额度的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 北京指南针科技发展股份有限公司（以下简称"公司"）于 2025 年 5 月 19 日召开了第十四届董事会第三次会议，会议审议通过《关于公司向银行申请综合 授信额度的议案》，现将议案有关情况公告如下： 一、 综合授信的情况概述 本次申请综合授信为信用担保方式，公司无需提供抵押担保。本次事项在公 司董事会审批权限范围内，无需提交股东大会审议。 前述授信总额度不等于公司的实际融资金额，公司将在获得授信后，根据实 际经营需求，在不超出授信额度范围内，办理融资事宜。 董事会授权公司董事、财务总监郑勇先生在董事会审议通过相关议案后负责 办理申请银行授信及后续融资事宜，授权有效期自董事会审议通过之日起至授信 期限届满之日止。 二、 备查文件 1．北京指南针科技发展股份有限公司第十四届董事会第三次会议决议。 特此公告。 北京指南针科技发展股份有限公司 董事会 2025 年 5 月 19 日 ...